Delta Electronics Inc. plans to accelerate plant expansions to address production bottlenecks after surging demand for artificial intelligence data centers drove first-quarter earnings to a record. The Taiwanese firm expects capital expenditure to rise more than 10% this year. The rapid proliferation of data centers is currently outpacing the supply of critical components, such as memory and raw m...
Delta Electronics Inc. plans to accelerate plant expansions to address production bottlenecks after surging demand for artificial intelligence data centers drove first-quarter earnings to a record. The Taiwanese firm expects capital expenditure to rise more than 10% this year. The rapid proliferation of data centers is currently outpacing the supply of critical components, such as memory and raw materials, Chairman Ping Cheng said during an earnings call Thursday. “If we were to meet all the capacity they’re demanding us to prepare, our current capacity would absolutely be insufficient,” he said. “We have to find locations fast and expand immediately, none of this can be done overnight.” To bolster supply, the company approved a NT$10.3 billion ($325 million) project to build a fuel cell production facility in Taiwan’s Guanyin District. Executives said on the call that they expect costs to rise in the next few quarters because of rising oil prices and materials shortages caused by the Middle East conflict. First-quarter net income grew to a record NT$20.56 billion, beating the analyst estimate of NT$19.31 billion, according to a Wednesday statement . Revenue also beat consensus at NT$159.35 billion.
Jian Fan Stock index futures were mixed Thursday as traders digested results from Magnificent 7 companies and assessed the Federal Reserve’s decision to keep rates unchanged. Now, here are 5 news stories that broke overnight to watch out for: Starwood halts redemptions from $22B real estate trust: Billionaire investor Barry Sternlicht’s Starwood Capital Group has suspended redemptions from its Sta...
Jian Fan Stock index futures were mixed Thursday as traders digested results from Magnificent 7 companies and assessed the Federal Reserve’s decision to keep rates unchanged. Now, here are 5 news stories that broke overnight to watch out for: Starwood halts redemptions from $22B real estate trust: Billionaire investor Barry Sternlicht’s Starwood Capital Group has suspended redemptions from its Starwood Real Estate Income Trust, highlighting ongoing stress in private real estate vehicles amid weak commercial property conditions. The firm said it is “temporarily suspending” share repurchases following a strategic review, aiming to preserve liquidity while waiting for a recovery in commercial real estate markets. The move also includes a distribution cut, with the annualized payout reduced to about 4.7% from 6.3% for Class I shares. Social Security funds projected to run dry by 2034: The trust fund reserves backing Social Security are heading toward insolvency, according to a 2025 report from the Social Security Board of Trustees. “At that time, there would be sufficient income coming in to pay 81% of scheduled benefits,” the report noted. A recent Seeking Alpha poll showed many readers expect lower benefit payments for some retirees through means testing or raising the retirement age, while others anticipate tax increases to cover existing obligations. Trump administration seeks coalition for Strait of Hormuz: The Trump administration is asking other countries to join a new international coalition to restore freedom of navigation in the Strait of Hormuz, The Wall Street Journal reported, citing an internal State Department cable. The cable, sent to U.S. embassies and titled “Maritime Freedom Construct,” called on diplomats to press foreign governments to sign up for the coalition. Fed’s divided decision weighs on sentiment: A split Federal Reserve decision set the tone for a cautious session, as investors weighed policy uncertainty alongside the approaching wave of Bi...
Moody’s Corporation (NYSE:MCO) is expanding its AI partnership with Microsoft, bringing its decision-grade intelligence into Microsoft 365 Copilot and related AI tools. The integration aims to embed Moody’s credit and risk analytics directly into everyday enterprise workflows. This move is part of a broader effort to digitize and scale credit research capabilities through AI for institutional user...
Moody’s Corporation (NYSE:MCO) is expanding its AI partnership with Microsoft, bringing its decision-grade intelligence into Microsoft 365 Copilot and related AI tools. The integration aims to embed Moody’s credit and risk analytics directly into everyday enterprise workflows. This move is part of a broader effort to digitize and scale credit research capabilities through AI for institutional users. Moody’s, trading at $460.11, sits at the intersection of financial data and enterprise...
Nearly 60 countries back voluntary roadmaps to wean world off coal, oil and gas, at conference prompted by frustration with UN climate summits Business live – latest updates Europe live – latest updates Governments have been asked to develop national “roadmaps” setting out how they will end the production and use of fossil fuels, after a landmark climate meeting involving nearly 60 countries. The ...
Nearly 60 countries back voluntary roadmaps to wean world off coal, oil and gas, at conference prompted by frustration with UN climate summits Business live – latest updates Europe live – latest updates Governments have been asked to develop national “roadmaps” setting out how they will end the production and use of fossil fuels, after a landmark climate meeting involving nearly 60 countries. The voluntary plans will form the bedrock of a new initiative to wean the world off coal, oil and gas , the focus of two days of intensive talks in Colombia this week. Continue reading...
In this article LLY Follow your favorite stocks CREATE FREE ACCOUNT David Ricks, chief executive officer of Eli Lilly & Co., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Friday, April 17, 2026. Aaron Schwartz | Bloomberg | Getty Images Eli Lilly is slated to report first-quarter earnings before the bell on...
In this article LLY Follow your favorite stocks CREATE FREE ACCOUNT David Ricks, chief executive officer of Eli Lilly & Co., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Friday, April 17, 2026. Aaron Schwartz | Bloomberg | Getty Images Eli Lilly is slated to report first-quarter earnings before the bell on Thursday, in one of the most closely watched reports across the healthcare sector. Here's what Wall Street is expecting, based on a survey of analysts by LSEG: Earnings per share: $6.66 adjusted expected Revenue: $17.62 billion expected Demand for the company's blockbuster obesity drug Zepbound and diabetes counterpart Mounjaro has helped fuel several solid quarters for Lilly, which holds the majority market share in the booming GLP-1 space. Analysts expect Zepbound to rake in overall sales of $4.04 billion, with $3.98 billion coming from the U.S., according to StreetAccount estimates. Meanwhile, they expect Mounjaro to book worldwide sales of $7.26 billion, including U.S. revenue of $3.87 billion, StreetAccount estimates said. The company's newly approved GLP-1 pill for obesity, Foundayo, launched in the second quarter, so its sales won't be included in Thursday's report. Still, the pill's rollout is likely to dominate the discussion during Lilly's first-quarter earnings call. Executives will likely face questions about whether Foundayo can reach the same level of momentum as the rival Wegovy pill from Novo Nordisk , which benefited from a three-month head start in the U.S. It's too soon to assess the performance of Lilly's pill. But early prescription data suggest its initial rollout has been "modest," according to a note last week from Leerink Partners analyst David Risinger. In February, Lilly said it expects to benefit from Foundayo's launch, Medicare coverage of obesity drugs coming online later this year and continued worldwide demand for Mounjaro and Zepbound. But ...
METTAWA, Ill., April 30, 2026 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2026 financial results. A complete and full-text financial results press release is available on the Company’s website at https://www.brunswick.com/ . The results will also be available on the SEC’s website with the Form 8-K filing of the release.
METTAWA, Ill., April 30, 2026 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2026 financial results. A complete and full-text financial results press release is available on the Company’s website at https://www.brunswick.com/ . The results will also be available on the SEC’s website with the Form 8-K filing of the release.